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turbinetree

(27,735 posts)
Tue Mar 31, 2020, 02:58 PM Mar 2020

Taxpayers Paid Millions to Design a Low-Cost Ventilator for a Pandemic. Instead, the Company Is

Last edited Tue Mar 31, 2020, 03:29 PM - Edit history (2)

Is Selling Versions of It Overseas.

As coronavirus sweeps the globe, there is not a single Trilogy Evo Universal ventilator — developed with government funds — in the U.S. stockpile. Meanwhile, Royal Philips N.V. has sold higher-priced versions to clients around the world.

by Patricia Callahan, Sebastian Rotella and Tim Golden March 30, 7:40 p.m. EDT


Five years ago, the U.S. Department of Health and Human Services tried to plug a crucial hole in its preparations for a global pandemic, signing a $13.8 million contract with a Pennsylvania manufacturer to create a low-cost, portable, easy-to-use ventilator that could be stockpiled for emergencies.

This past September, with the design of the new Trilogy Evo Universal finally cleared by the Food and Drug Administration, HHS ordered 10,000 of the ventilators for the Strategic National Stockpile at a cost of $3,280 each.

But as the pandemic continues to spread across the globe, there is still not a single Trilogy Evo Universal in the stockpile.

Instead last summer, soon after the FDA’s approval, the Pennsylvania company that designed the device — a subsidiary of the Dutch appliance and technology giant Royal Philips N.V. — began selling two higher-priced commercial versions of the same ventilator around the world.

https://www.propublica.org/article/taxpayers-paid-millions-to-design-a-low-cost-ventilator-for-a-pandemic-instead-the-company-is-selling-versions-of-it-overseas-

This is just outrageous...................Kushner in charge, one company gets bought out......................

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Taxpayers Paid Millions to Design a Low-Cost Ventilator for a Pandemic. Instead, the Company Is (Original Post) turbinetree Mar 2020 OP
K&R SheltieLover Mar 2020 #1
Yepper spot on.................... turbinetree Mar 2020 #2
Predatory aka Disaster Capitalism has come home to roost malaise Mar 2020 #3
Vote for lefties if we want this to stop. FiveGoodMen Mar 2020 #4
+1 BeckyDem Mar 2020 #5
They sent the strategic reserves to China. Cracklin Charlie Mar 2020 #6

malaise

(297,960 posts)
3. Predatory aka Disaster Capitalism has come home to roost
Tue Mar 31, 2020, 03:22 PM
Mar 2020

Bury this neo-liberal fuckery with our dead.

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